Mining

MrBitcoin May 16, 2018

Nick Chong · May 16, 2018 · 9:00 am It seems that the creator of the Avalon Bitcoin ASIC mining hardware has taken moves to secure a stock listing spot on the Hong Kong stock exchange. The company, usually known as Canaan, is seeking for $1 billion in IPO funding. Canaan Creative, better known for their […]

MrBitcoin May 8, 2018

Mining hardware manufacturer Bitmain has announced the release of its new Antminer Z9 mini, an ASIC (application-specific integrated circuit) miner capable of mining any cryptocurrency running the Equihash proof-of-work (PoW) algorithm. This includes, most notably, Zcash. The company made the announcement via its Twitter page: “Pleased to announce the Antminer Z9 mini, an ASIC miner […]

MrBitcoin April 22, 2018

Nikita Blows · April 21, 2018 · 8:00 pm Hot on the heels of their Coincheck acquisition, Monex has stated that Japanese exchanges need to have tougher regulations in place. Japan has long been known for being a crypto-friendly country. In fact, they saw phenomenal numbers last year when $97 billion was traded in just […]

MrBitcoin April 7, 2018

A bogus startup offering 8% weekly returns on cryptocurrency and medical marijuana was hit by the Texas State Securities Board yesterday, in another move by against crypto-related financial crimes by U.S. regulators. The Board filed a cease-and-desist order (CDO) against Mark Moncher for allegedly trying to sell unregistered securities through his “Financial Freedom Club,” also […]

MrBitcoin April 3, 2018

Speaking with Mad Money host Jim Cramer, NVIDIA CEO Jensen Huang recently claimed that “cryptocurrency is here to stay,” and he “doesn’t see the craze ending anytime soon.” Though it first came to fruition in 2008, bitcoin gained a solid taste of mainstream popularity in 2017 when its price began rising faster than anyone had […]

MrBitcoin March 22, 2018

With each passing day, it seems as though the conversation on Bitcoin’s energy consumption rages on, though new ground is rarely broken on the topic. Like bears to honey, media outlets flock to FUD stories on mining’s electrical costs and doomsday predictions of a world driven to the ecological brink, thanks to bitcoin mining. There […]

MrBitcoin March 10, 2018

Shaurya Malwa · March 10, 2018 · 3:00 pm Kumamoto-Energy, a local power producer in Japan, has announced that they will use solar energy for mining cryptocurrencies. Japan Looks to Greener Energy Cryptocurrency mining farms are trying to reduce costs and consume as less energy as possible, but sometimes the task is very difficult. Japanese […]

MrBitcoin March 3, 2018

Bitcoin and patents have never been natural allies. However, long-held controversy in the industry may finally be at an end with the introduction of the Blockchain Defensive Patent License.   Bitcoin is considered by many to be the culmination of the decades-old cypherpunk movement, rallied around predominantly anarchist and libertarian ideals regarding freedom of information. The […]

MrBitcoin February 9, 2018

A team of Russian nuclear engineers have been arrested for allegedly using a powerful government supercomputer at the Federal Nuclear Center to mine Bitcoin. In a statement, the center’s press service said: “There has been an unsanctioned attempt to use computer facilities for private purposes including so-called mining.” The supercomputer was not supposed to be […]

MrBitcoin January 28, 2018

Hydro-Quebéc (HQ) is a public utility that manages the generation, transmission and distribution of electricity in Quebec, Canada, but it finds itself in a position of generating more power than its customers need. In an article from Le Journal de Québec, Éric Martel, president and CEO of HQ, relates how HQ is facing a death […]